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UGI Subsidiary Invests in Renewable Gas Project

PUBLIC · UGINov 20, 2020
King Of PrussiaManufacturingEnergySustainabilityOil And GasNatural ResourcesRenewable EnergyBiomass Energy

Description

UGI Corporation (NYSE: UGI) announced today that its subsidiary, UGI Energy Services, LLC, entered into definitive agreements to invest in New Energy One HoldCo LLC, which is part of the team developing a utility-scale renewable natural gas (“RNG”) project in Idaho.

Quick answer

UGI raised an undisclosed amount in a funding round, dated November 20, 2020. UGI is based in King Of Prussia, Pennsylvania, United States.

How much did UGI raise?
UGI raised an undisclosed amount in a funding round on November 20, 2020.
What does UGI do?
UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe.
Where is UGI based and how big is it?
UGI is based in King Of Prussia, Pennsylvania, United States. Fundz records about 9,400 employees.
Who are the decision-makers at UGI?
Fundz holds 1 contact at UGI, including the Senior Counsel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as UGI that raised within 45 days of this round, from Fundz verified event records.

  • BKV Corporation raised $100M on December 30, 2020.
  • International Battery Metals raised $2M on December 30, 2020.
  • AES raised an undisclosed amount on December 30, 2020.
  • Largo raised $2M on December 22, 2020.
  • Soluna Holdings raised $30K (Seed) on December 18, 2020.
  • Swift Solar raised $8.2M on December 14, 2020.

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Company Information

Company

UGI

Location

King Of Prussia, Pennsylvania, United States

About

UGI Corp. is a natural-gas and electric distribution utility that operates in Pennsylvania and Europe. The company manages a network of utilities, pipelines, and storage systems, and is also involved in the propane business through its subsidiary AmeriGas. UGI has a broad product offering, maintaining a strong presence in the energy sector.

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Related People

1 contact
Verified contactsFrank M., Senior Counsel hiddenSee plans and pricing
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UGI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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